Quantity Surveyors Market Procurement Intelligence Report

The market for Contingent Labour and its sub-segments such as Quantity Surveyors are at an interesting intersection. Most clients now prefer splitting a single project among different vendors as it enables them to allocate parts of a project to specialized professional firms and keep the supplier base wide enough. Some clients adopt this strategy to understand the capability and performance of individual supplier and then pick one or a smaller set of suppliers for future contract opportunities.

Many major Quantity Surveyors suppliers are seeking inorganic growth to diversify their services and gain access to new products and new technologies at a lower cost. The strategy serves consultancy companies well as they can pitch for a larger scope of work and truly become strategic partners of their clients.

The concept of virtual firms is getting popular. By placing the entire infrastructure in cloud services, and utilizing a small number of physical offices, Quantity Surveyors suppliers are trying to cut their costs and developing cost competitive propositions for buyers.

Trends like these and many others discussed in this report are necessitating a relook at the way Quantity Surveyors is procured and the procurement cost saving opportunities that exist.

Quantity Surveyors procurement best practices are moving towards a level of sophistication which is typically seen in traditional procurement categories. Category managers now have an attractive opportunity to adapt the best practices seen within this category as well as those being leveraged in other non-related categories. This report summarizes the best practices picked from across multiple categories that could work well for category managers involved with Quantity Surveyors procurement strategy.

For example, Buyers should engage with service providers that can provide integrated services, including consulting, implementation, and support services.

Buyers need to adopt a single sourcing model instead of sourcing from different consultants to strengthen their partnership with the selected service provider. This also reduces management complexity, as they need to deal with a single Point of contact.

Buyers must request for breakup costs for each service to gain better visibility into service providers pricing.

Quantity Surveyors procurement managers also need to proactively identify and mitigate potential risks that can arise in the supply chain or contracts for Quantity Surveyors procurement. Some examples include: